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Author Question: On March 15, Jacqueline placed a limit order, GTC, to buy 200 shares of CAKE at $40 a share. CAKE ... (Read 15 times)

BSITTON

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on: Mar 29, 2022
On March 15, Jacqueline placed a limit order, GTC, to buy 200 shares of CAKE at $40 a share. CAKE sold between $40.50 and $44.00 on that day. Over the following two months the stock price continued to rise and Jacqueline forgot about the order. After the markets closed on June 30, some bad news concerning CAKE was released. The stock opened on July 1 at a price of $32.00 a share. Which one of the following statements is correct concerning Marcos' order?
◦ The order was cancelled on May 15 because it had not been executed within the allowable two-month time period.
◦ The order was executed on March 15 at $40.50 a share since that was the best available price of the day.
◦ The order was executed on July 1 at a price of $40.00 a share.
◦ The order was executed on July 1 at a price of $32.00 a share.
Fundamentals of Investing ¦ Zutter, Smart ¦ 14th Edition
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Marked as best answer by BSITTON on Mar 29, 2022

khudija

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Reply #1 on: Mar 29, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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BSITTON

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Reply 2 on: Mar 29, 2022
Excellent

ASDFGJLO

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Reply 3 on: Yesterday
Wow, this really help

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